Market Recap 2/5/16
Godaddy (GDDY) had another rough day today, down close to 10%, the overall markets were down but nowhere near where Godaddy and some of their peers ended.
Neustar (NSR) finished down more than Godaddy, falling 10.34% on the day.
Robert W. Baird lowered their price target on the stock from $33.00 to $30.00, Analyst Ratings Network.com reports. Robert W. Baird currently has a neutral rating on the stock. Neustar traded as low as $21.69 and last traded at $22.26, with a volume of 1,168,937 shares traded. The stock had previously closed at $24.56.
The company reported earnings on Thursday, they reported Q4 EPS of $1.46, $0.21 better than the analyst estimate of $1.25. Revenue for the quarter came in at $280.2 million versus the consensus estimate of $276.2 million. Neustar reaffirmed FY2016 guidance.
Web.com (WWWW) finished off over 7% on the day on average daily volume.
|Alphabet Inc||GOOGL||703.76||-26.27 (-3.60%)|
|Godaddy Inc||GDDY||25.86||-2.63 (-9.23%)|
|Rightside Group Ltd||NAME||8.37||-0.15 (-1.76%)|
|Minds + Machines Group…||MMX||8.50 P
|Centralnic Group PLC||CNIC||50.80 P
|Verisign, Inc.||VRSN||75.67||-1.34 (-1.74%)|
|Neustar Inc||NSR||22.02||-2.54 (-10.34%)|
|Tucows Inc. (USA)||TCX||20.06||-0.41 (-2.00%)|
|Endurance Intl. Group…||EIGI||8.45||-0.33 (-3.76%)|
|United Internet AG||UTDI||44.49*||-0.89 (-1.96%)|
|Web.com Group Inc||WEB||16.92||-1.30 (-7.14%)|
|Melbourne IT Limited||MLB||2.09*||-0.08 (-3.69%)|
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The writer of this article has no positions in the stocks mentioned. Staff of TheDomains.com may take positions long or short in the above mentioned companies.
*P denotes Pence